Nigerian Banks Mandate New ATM Withdrawal Limits

Nigeria is on a mission to defend her money, and its affecting the existing withdrawal limits on Automatic Teller Machines (ATMs) and foreign transactions on all existing Naira debit cards (ATM cards)

The new policy is: all ATMs that have been enabled for domestic and foreign transactions have been restructured to limit Naira cash withdrawal at ATMs to N60,000 per day while foreign currency is $300 per day, the domestic withdrawal limit was N150,000 per day...

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